PINFRA

PINFRA (Promotora y Operadora de Infraestructura, S.A.B. de C.V.) is described by its official website as one of the main companies in Mexico dedicated to the promotion, development, construction, financing, and operation of infrastructure projects. Its business lines are broken down into Manufacturing, Concessions, and Construction. The company holds toll road concessions (State and Federal) through which it carries out the construction, operation, commercial exploitation, and maintenance of highway sections, and it also owns plants that produce asphalt mixtures. Its projects in Mexico and Latin America have positioned PINFRA as an agent for development in the countries in which it has participated.

PINFRA's official history page lists several milestones. In October 2016, PINFRA launched Fibra Vía (Ticker symbol: FVIA), described as the first investment vehicle of its kind in the market, with the purpose of supporting the government's national program to bolster the instruments currently available to finance the infrastructure sector; the value of the REIT's total assets was Ps.11.8 billion, of which the Company contributed 53.6%. In May 2017, the Secretariat of Communications and Transport (SCT) awarded PINFRA, through a public tender, the concession for the construction, operation, commercial exploitation, preservation and management of the La Gloria - San Fernando section of the Monterrey-Nuevo Laredo toll road, for a term of 30 years and an approximate investment of Ps.3 billion plus an initial consideration of Ps.405 million. In December 2017, PINFRA, through its subsidiary Infraestructura Portuaria Mexicana, S.A. de C.V., won the APIVER/TERCARGAMIXTA/1/17 public tender for the handling of containers and general cargo at a port terminal, with an investment of approximately Ps.2.5 billion. In December 2018, PINFRA, through its subsidiary Fibra Vía, agreed to acquire 100% of the Michoacán toll-road bundle, and Fibra Vía raised Ps.10 billion in the market for infrastructure investments, primarily for the acquisition of the Michoacán toll-road bundle. In July 2019, AINDA Energía & Infraestructura, S.A.P.I. de C.V. together with Banco Invex, S.A., Institución de Banca Múltiple, made an injection to Concesionaria Monterrey Nuevo Laredo, S.A. de C.V., a subsidiary of PINFRA, for Ps.934 million. In July 2020, PINFRA signed a concession agreement in the State of Aguascalientes for Ps.2.2 million.

PINFRA positions itself as one of the main companies in Mexico dedicated to the promotion, development, construction, financing, and operation of infrastructure projects, with a priority to provide a safe, efficient, and strategic land transport network.

• Toll road concessions

  PINFRA holds toll road concessions (State and Federal), through which it carries out the construction, operation, commercial exploitation, and maintenance of highway sections.

• Construction

  PINFRA has extensive experience in the development of a wide variety of heavy, industrial, and urban construction projects selectively chosen to work on.

• Manufacture

  Sector dedicated to the production of aggregates and concrete products, which are the staple of infrastructure construction today.

1. 1Pinfra || Homepinfra.com.mx
2. 2Pinfra || Historypinfra.com.mx
3. 3Pinfra || Company profilepinfra.com.mx
4. 4Pinfra || Strategypinfra.com.mx
5. 5wikidata.orgwikidata.org